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Societal progress is characterized primarily as an improvement in the distribution of wellbeing; however, a small set of additional variables are also necessary. Social indicators based on objective measures are inherently limited by the subjective assessments necessary of "experts" to select...
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Answers to the Eurobarometer question on Life Satisfaction are used to explore the effects of macroeconomic performance … between 2004 and 2011. It is found that variations in national levels of life satisfaction can largely be accounted by a small … number of socio-economic indicators. Life satisfaction is lowest in poor, corrupt countries where income inequality is …
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Using panel data from the BHPS and its Understanding Society extension, we study life satisfaction (LS) and income over …
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What are the challenges posed by the analysis of self-reported life satisfaction and material wellbeing/hardship? We …
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In this paper, we convey the concept of first-order dominance (FOD) with particular focus on applications to multidimensional population welfare comparisons. We give an account of the fundamental equivalent definitions of FOD, illustrated with simple numerical examples. An implementable method...
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